Sheldon Adelson net worth

Net Worth: $37.5 Million

About Sheldon Adelson

It has been stated that the current amount of Sheldon Adelson net worth reaches a huge sum of 37.5 billion dollars, which makes him one of the richest people in the industry. It is also known that Sheldon Adelson accumulated such a high net worth through his activities in business as well as being a successful investor. In addition to these involvements, Sheldon Adelson is also known as a philanthropist. As a businessman, Sheldon Adelson’s name is usually referred to when speaking about the Las Vegas Sands Corporation, in which Sheldon Adelson is serving as a CEO as well as a chairman of the company. Therefore, this corporation has also added a lot to the overall amount of Sheldon Adelson net worth. The Las Vegas Sands Corporation is known as a parent company of such well known companies as Sands Expo and Convention center and The Venetian Resort Hotel Casino.

In addition to that, Sheldon Adelson is known as an owner of a newspaper distributed in Israeli, which is called “Israel HaYom”. This is also an important source of Sheldon Adelson net worth.

In addition to his work in business, Sheldon Adelson is also credited with being one of the best philanthropists as well as a lifelong donor.

Therefore, Sheldon Adelson has established his organization, where his wife is also a contributor, which is called Adelson Foundation.

In 2014 spring, it was stated that Sheldon Adelson net worth increased a lot and at that time it reached 40.8 billion dollars, which makes him amongst the wealthiest people in the world. According to Forbes, Sheldon Adelson is in the 8th place in the list of the richest people on a global scale. However, according to data provided by Bloomberg, Sheldon Adelson is in the 9th position in the list of the richest people of the world.

Sheldon Adelson, besides the mentioned involvements, is also active in politics. He is a supporter of Republican Party.

Sheldon Adelson was born in 1933 in Massachusetts. His mother worked in charge on a knitting shop, whereas his father worked as a taxi driver. He began his career as a businessman at a very young age. Therefore, from his early days he knew that he was going to get involved into this industry. The first time he began working as a businessman was when Sheldon Adelson was only 12 years old. At that time, he bought a license which let him to sell newspapers in the area of Boston.